________________ allow firms to share the fixed costs of developing new products or processes.
A) Strategic alliances
B) Subsidiaries
C) New ventures
D) Greenfield ventures
E) Partnerships

Question

Quizplus · Accepted Answer

Strategic alliances allow firms to collaborate and share resources, including the fixed costs of developing new products or processes. By teaming up with another company, each partner can leverage their strengths and expertise to develop innovative solutions that can be shared and marketed for mutual benefit. This can reduce the risk and financial burden of innovation, while also increasing the likelihood of success.

________________ Allow Firms to Share the Fixed Costs of Developing